EF Hutton Maintains Buy on Alamo Group, Maintains $270 Price Target
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Tim Moore has reaffirmed a Buy rating on Alamo Group (NYSE:ALG) with a maintained price target of $270.
May 06, 2024 | 11:52 am
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EF Hutton analyst Tim Moore reaffirms a Buy rating on Alamo Group with a price target of $270.
The reaffirmation of a Buy rating and a maintained price target by a reputable analyst like Tim Moore from EF Hutton is likely to instill confidence among investors and could positively influence Alamo Group's stock price in the short term. The specific mention of a $270 price target suggests a bullish outlook on the stock, potentially leading to increased investor interest and upward price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100